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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,428 | $172,111-81.7% | $150,298-79.1% | $137,256-77.1% |
| Participation rate | 33.3% | 81.7%-48.4pp | 77.8%-44.4pp | 80.0%-46.6pp |
| Annual return | 17.48% | 69.37%-51.9pp | 62.79%-45.3pp | 220.34%-202.9pp |
| Employer contribution / active EE | $744 | $4,636-83.9% | $4,154-82.1% | $4,156-82.1% |
| Participant deferral / active EE | $657 | $6,166-89.3% | $5,453-88.0% | $6,407-89.8% |
| Admin fee / account holder | $136 | $16,471-99.2% | $14,116-99.0% | $12,270-98.9% |